Shipping victims win huge payouts

Original article by Simon Benson
The Australian – Page: 1 & 2 : 28-Feb-19

Teekay Shipping has confirmed that it has retrenched the last crewmembers of two bulk carriers that had been chartered to ship iron ore from BHP’s mines in the Pilbara to BlueScope’s Port Kembla steelworks. Teekay is believed to have paid 51 workers more than $9m in redundancy payments on 7 February, with each worker receiving an average of $176,000. The ships were the last two iron ore vessels operating in Australian waters that were manned by local crews. Labor has flagged plans to re-regulate the shipping industry to protect local jobs.

CORPORATES
TEEKAY SHIPPING CORPORATION, BHP GROUP LIMITED – ASX BHP, BLUESCOPE STEEL LIMITED – ASX BSL, MARITIME UNION OF AUSTRALIA, CONSTRUCTION, FORESTRY, MARITIME, MINING AND ENERGY UNION OF AUSTRALIA, THE AUSTRALIAN INSTITUTE OF MARINE AND POWER ENGINEERS, AUSTRALIAN LABOR PARTY, MINERALS COUNCIL OF AUSTRALIA

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